IAC Inc.: management transactions · United States · SEC (Form 4)

About IAC Inc.

IAC Inc. is a U.S.-listed digital portfolio company traded on NASDAQ in the United States. Its corporate evolution traces back to Barry Diller’s acquisition of Silver King Communications in 1995, after which the business shifted from a hybrid media/electronic retailing company into an internet-driven builder of digital businesses. Over time, IAC became known for buying, building, and spinning out businesses, creating a long record of public-company separations and portfolio reshaping. The company is headquartered in New York City. ([iac.com](https://www.iac.com/)) IAC’s current structure is much more focused than in prior years. Following the spin-off of Angi in March 2025, IAC says it is primarily comprised of People Inc. and Care.com, while also holding strategic equity stakes in MGM Resorts International and Turo Inc. People Inc. is one of the largest digital and print publishers in America, with more than 40 iconic brands including PEOPLE, Better Homes & Gardens, Verywell, Food & Wine, Travel + Leisure, Allrecipes, Real Simple, Investopedia, and Southern Living. Care.com operates a leading online destination connecting families with caregivers for children, aging parents, pets, and home-related needs. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001800227/000162828026009997/iaci-20251231.htm)) From a competitive perspective, IAC stands out less as a traditional operating company and more as an active capital allocator and incubator of digital assets. Its differentiation lies in its ability to identify consumer internet, media, and marketplace businesses, scale them, and then unlock value through spin-offs or other structural moves when the market opportunity is attractive. That model has already produced numerous independent public companies, reinforcing IAC’s reputation as a disciplined portfolio manager rather than a single-brand operator. ([iac.com](https://www.iac.com/press-releases/iac-completes-spin-off-of-angi-now-an-independent-company?utm_source=openai)) Recent developments underscore that strategic transition. In 2025, IAC completed the Angi spin-off, simplifying the portfolio and removing a home-services vertical from the balance sheet. In July 2025, Dotdash Meredith was rebranded as People Inc., aligning the corporate identity more closely with the publishing business. Then, in April 2026, IAC announced it intends to change its corporate name to People Incorporated, a symbolic step that reflects the company’s renewed emphasis on People Inc. and its investment in MGM Resorts International. Management has also highlighted continued product innovation, including AI-related monetization initiatives, as well as share repurchases. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001800227/000162828026009997/iaci-20251231.htm)) For investors in France, Belgium, and Switzerland, IAC can be viewed as a transforming digital conglomerate with exposure to publishing, consumer services, and strategic listed equity holdings. The investment case is driven by brand value, portfolio optionality, and management’s long-standing willingness to restructure assets in pursuit of higher long-term shareholder value.